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EQUITY - MARKET SCREENER

HDFC Bank Ltd
Industry :  Banks - Private Sector
BSE Code
ISIN Demat
Book Value()
500180
INE040A01034
648.9653171
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
HDFCBANK
22.38
1507281.79
EPS(TTM)
Face Value()
Div & Yield %
87.83
1
1.12
 

ircon international ltd
ABB India announces collaboration with Steel Authority of India
May 22,2025

ABB India and Steel Authority of India (SAIL) have signed a Memorandum of Understanding (MoU) to digitally optimize ironmaking and steelmaking processes at the Rourkela Steel Plant in Odisha state, India. SAIL's plant will exchange data with ABB India to prepare data-based models to create digital twins of blast furnaces and basic oxygen furnaces of steel melt shop areas.

The collaboration comes at a time of growing challenges within the steel industry, including the need to meet stricter environmental regulations, reduce operational costs, and maintain competitive advantages in a rapidly evolving market. Rourkela Steel Plant produced 4.08 million tons of saleable steel products in FY 2024-25 and SAIL plans to grow output to about 9 million tons by 2030 to meet escalating market de mands. It has ambitions to attain the highest levels of operational efficiency and sustainability using digital transformation.

The plant will harness ABB's expertise in automation and digitalization, including mathematical and data-based models, to optimize processes in both ironmaking and steelmaking. The goal is to deliver actionable insights and enable data-driven decisions to support optimal operations, paving the way for a more sustainable and cost-effective future in steel production.